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Trident Lifeline Limited IPO

Trident Lifeline Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 105.00 (+3.96%)

The Initial Public Offering of Trident Lifeline Limited's culminated in its successful listing on 10-10-2022 at the BSE trading platform. The company secured 34,99,200 Shares through this capital market exercise, with 34,99,200 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹101 to ₹101, with minimum investment requirements of 1200 shares. The subscription period from 26-09-2022 to 29-09-2022 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 04-10-2022. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Trident Lifeline IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Trident Lifeline IPO Key Performance Indicator
Company Financials ( In Lakhs )

Trident Lifeline IPO About Company

Incorporated in 2014, Trident Lifeline Limited is engaged in the marketing and distribution of pharmaceutical products in domestic and international markets through a third-party distribution network. The company offers a portfolio of 832 products as of May 31, 2022, including antibiotics, antifungals, antimalarials, antidiabetics, dental care products, proton pump inhibitors, antihistamines, antihypertensives, antiparasitics, multivitamins, multiminerals, and NSAIDs. Its core business includes ethical marketing of pharmaceutical formulations internationally under its brand and sourcing approved formulations through contract manufacturers for both domestic and global markets. Trident Lifeline has a presence in India as well as in African, Latin American, and East Asian countries, with registered or under-registration products in Bolivia, Cambodia, Cameroon, Chile, Ghana, Kenya, Myanmar, Nigeria, Peru, Sudan, Tajikistan, Uzbekistan, and Venezuela.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Trident Lifeline IPO Strength Factors

NA


Trident Lifeline IPO Risk Factors

NA


Trident Lifeline IPO Lead Manager(s)

  • Beeline Capital Advisors Private Limited

Trident Lifeline IPO Promoter(s)

  1. Mr. Hardik Jigishkumar Desai
  2. Mr. Mayurkumar Mansukhbhai Gajera
  3. Mrs. Rupaben C Jariwala
  4. Mrs. Rinkal Mayurbhai Gajera
  5. Mr. Tarang Nathabhai Gajera
  6. Mr. Mohak Nathabhai Gajera

Trident Lifeline IPO Company Details

Trident Lifeline Limited
Phone:
address:

Trident Lifeline IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Trident Lifeline IPO FAQs